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Smart Travel: Upgrade Your Getaways

When and How to Transfer Credit Card Rewards Points To Get The Most Value

23 Apr 2025

Transcription

Chapter 1: Who are the hosts of this podcast episode?

0.506 - 5.231 Meghan Coyle

Sally, let's play a game. Tell me if you think the following statement is a truth or myth.

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5.612 - 7.574 Sally French

Oh, you love podcast games. Let's do it.

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8.275 - 17.325 Meghan Coyle

Okay, the best way to use your credit card points is to transfer them to airline or hotel loyalty programs instead of booking travel through your credit card's travel portal.

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17.925 - 26.328 Sally French

Well, I want to say trick question. This one depends. Like, I feel like almost all my answers. You have to know which transfers actually make sense because not all of them do.

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26.628 - 32.891 Meghan Coyle

That's why listeners have us. We're here to give you the shortcuts on which transfer partners are worth booking with to save you some points.

37.062 - 42.964 Sally French

Welcome to Smart Travel, a deep dive into the tips, tools, and tactics to maximize your travel dollars. I'm Megan Coyle.

Chapter 2: What are the latest travel news and updates affecting travelers?

43.145 - 58.571 Meghan Coyle

And I'm Sally French, and we're the travel nerds ready to help you plan your next big trip. Maybe on points? If you've heard that you should transfer your points for travel redemptions, listen up. It can save you thousands of points, but you have to know which transfer partners you have access to and which ones offer the best rates.

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58.831 - 72.658 Sally French

because not all of them do. Big hint, we'll go over some possible good transfer partners this month in the news, but really quick, let's do our usual disclaimer. We will talk about a few credit card companies that are NerdWallet partners in this episode, but that does not influence how we discuss them.

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73.058 - 83.823 Sally French

The benefits, terms, and fees mentioned were accurate at the time of posting, but things can change. Some offers may have expired by the time you're listening. For the latest details, follow the links in the episode description.

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84.583 - 91.789 Meghan Coyle

One thing we'll talk about later in the episode is that there are these special deals called transfer bonuses that can make transferring to a partner even cheaper.

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92.169 - 108.605 Sally French

And one of those special deals right now is a transfer bonus going between Chase Ultimate Rewards to IHG. That's one of the hotel loyalty programs that has brands like Intercontinental, Hotel Indigo, Crowne Plaza, Holiday Inn, and one of my personal favorites, Kempton. That one is an 80% transfer bonus.

108.645 - 120.96 Sally French

So if you need 180,000 points for an awards day at one of these properties, you would only have to transfer 100,000 points. The other 80,000 would show up in your IHG account as the bonus.

121.4 - 137.946 Meghan Coyle

That's a lot of points. But this transfer bonus is only running through April 30th, 2025. So if you're listening to this episode after that date, check NerdWallet's list of current transfer bonuses for others. We'll link to that in the episode description. That's often where I start when I'm looking to use points for a trip.

138.346 - 150.501 Sally French

And don't worry, if you're not a Chase cardholder, there are other great bonuses out there. One of the best ones right now is a 20% transfer bonus from Amex to Aeromexico Club Premier or Etihad Guest. Both of those also end April 30th, 2025.

152.117 - 162.106 Meghan Coyle

And over in city land, cardholders with city thank you points can transfer to Virgin Atlantic Flying Club with a 30% bonus. And they have a bit longer to do that. That one ends May 17th, 2025.

Chapter 3: What transfer bonuses are currently available and how can they save points?

1131.986 - 1151.328 Meghan Coyle

So your city might be this month or next month if Air France or KLM flies there. Another great way to save on points when you're transferring is to book during a transfer bonus. So these are usually like a month long or six weeks. And I'll just use March as an example. Last month, there was a 50% transfer bonus to Marriott from Chase Ultimate Rewards.

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1151.529 - 1158.577 Meghan Coyle

The Marriott transfer ratio is typically one to one. So with the bonus, if you transferred 100,000 Chase points, you get 150,000 Marriott points in your Marriott account.

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1161.36 - 1178.539 Sally French

So we mentioned like you want to go for 1.5 cents to be a great redemption. But when you have these transfer bonuses, that can make something that used to be a so-so transfer partner, like I'm looking at you, Marriott, and it can turn it into a much better one. Of course, this is just for a limited time. So we have done some nice work for you.

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1179.22 - 1191.828 Sally French

NerdWallet has a page with all the current transfer bonuses. It also shows some transfer bonuses we've seen in the past to help inform maybe your speculative trading. And we'll link to that in the show notes.

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1192.088 - 1199.451 Meghan Coyle

We also have guides to the best and worst transfer partners of each of the major banks in the show notes too. So we have a lot of resources for you.

1199.731 - 1207.214 Sally French

The, I think, key takeaway here is even with a transfer bonus, do the math because it is not always a good idea to transfer points.

1207.657 - 1211.122 Meghan Coyle

So Sally, do you have any strategies for finding out what the best transfers are?

1211.142 - 1230.34 Sally French

I will say, even though I write these pages on NerdWallet, I am also kind of lazy. And I do so many flight searches on Google Flights. And with that, I use a plugin called Points Payment. So with Points Path, you install this plugin and it will show points prices on Google Flights.

1230.56 - 1249.932 Sally French

And not just that, it has this really cool feature where it'll actually tell you if it thinks it's a better deal to use points versus cash because sometimes it is, sometimes it isn't. I'm pretty sure I told you about Points Path. Yeah. Okay, I'm stealing what credit should go to you. You're right. You're right. Thank you for showing that to me.

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